Personal remittances, paid (current US$), annual growth rate in Tuvalu
Tuvalu: Personal remittances, paid (current US$), annual growth rate was 23.56 % change on previous year in 2023. ◆ Volatile
Personal remittances, paid (current US$), annual growth rate in Tuvalu, 2002–2023
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2023, personal remittances, paid (current us$), annual growth rate in Tuvalu stood at 23.56 % change on previous year.
Compared with earlier readings it is up 192.0% on the previous year and up 148.7% over ten years.
Over the whole period, personal remittances, paid (current us$), annual growth rate in Tuvalu peaked at 78.56 % change on previous year in 2021 and was at its lowest, -48.35 % change on previous year, in 2013.
That places Tuvalu 36th out of 194 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, paid (current US$), annual growth rate in Tuvalu, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2002 | 17.04 % change on previous year | — |
| 2003 | -30.47 % change on previous year | -278.8% |
| 2004 | 64.98 % change on previous year | -313.3% |
| 2005 | 41.36 % change on previous year | -36.3% |
| 2006 | 73.6 % change on previous year | +77.9% |
| 2007 | 10.98 % change on previous year | -85.1% |
| 2008 | 0.7363 % change on previous year | -93.3% |
| 2009 | 1.13 % change on previous year | +53.4% |
| 2010 | 38.18 % change on previous year | +3280.7% |
| 2011 | 25.03 % change on previous year | -34.4% |
| 2012 | 11.41 % change on previous year | -54.4% |
| 2013 | -48.35 % change on previous year | -523.9% |
| 2014 | -5.28 % change on previous year | -89.1% |
| 2015 | -14.28 % change on previous year | +170.4% |
| 2016 | 0 % change on previous year | -100.0% |
| 2017 | -1.33 % change on previous year | — |
| 2018 | 8.01 % change on previous year | -701.1% |
| 2019 | 3.73 % change on previous year | -53.4% |
| 2020 | 9.73 % change on previous year | +160.5% |
| 2021 | 78.56 % change on previous year | +707.4% |
| 2022 | -25.61 % change on previous year | -132.6% |
| 2023 | 23.56 % change on previous year | -192.0% |
Tuvalu compared with similar countries
- Tuvalu's 23.56 % change on previous year is above the median for upper middle income countries, which is 4.68 % change on previous year, 5.0× the median. (54 countries reporting)
- Tuvalu's 23.56 % change on previous year is above the median for East Asia & Pacific, which is 5.82 % change on previous year, 4.1× the median. (31 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, paid (current US$), annual growth rate in Tuvalu changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2010 | +3280.7% | 1.13 % change on previous year | 38.18 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 22.42 % change on previous year | -30.47 % change on previous year | 73.6 % change on previous year | 8 |
| 2010s | 1.71 % change on previous year | -48.35 % change on previous year | 38.18 % change on previous year | 10 |
| 2020s | 21.56 % change on previous year | -25.61 % change on previous year | 78.56 % change on previous year | 4 |
Countries ranked near Tuvalu
- 33 Romania 25.8 % change on previous year compare
- 34 Côte d'Ivoire 25.22 % change on previous year compare
- 35 Thailand 24.28 % change on previous year compare
- 37 Montenegro 23.04 % change on previous year compare
- 38 Nigeria 22.6 % change on previous year compare
- 39 Guatemala 21.01 % change on previous year compare
More economy & growth data for Tuvalu
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.31 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.93 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -915,228 BoP, current US$ (2021)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0149 BoP, current US$ per US$ of GDP (2021)
- Foreign direct investment, net outflows (BoP, current US$), per capita -89.78 BoP, current US$ per person (2021)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 258,080 BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 55.2 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0045 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 26.76 BoP, current US$ per person (2024)
- Agriculture, forestry, and fishing, value added (current LCU), annual -0.5864 % change on previous year (2015)
Frequently asked questions
- What is personal remittances, paid (current us$), annual growth rate in Tuvalu?
- Personal remittances, paid (current us$), annual growth rate in Tuvalu was 23.56 % change on previous year in 2023, according to Statizoid (derived).
- What is the highest personal remittances, paid (current us$), annual growth rate recorded in Tuvalu?
- The highest recorded value was 78.56 % change on previous year in 2021.
- What is the lowest personal remittances, paid (current us$), annual growth rate recorded in Tuvalu?
- The lowest recorded value was -48.35 % change on previous year in 2013.
- How does Tuvalu rank for personal remittances, paid (current us$), annual growth rate?
- Tuvalu ranks 36th out of 194 countries with data for 2023.
- Is personal remittances, paid (current us$), annual growth rate rising or falling in Tuvalu?
- Over the last ten years it is up 148.7%. The long-run trend across the full record is volatile.
- Where does this Tuvalu data come from?
- The figures come from Statizoid (derived), published as part of Personal remittances, paid (current US$), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 22 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Personal remittances, paid (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Personal remittances, paid IMF balance of payments data, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Personal remittances, paid (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.